29380 Waukegan RdLibertyville, IL 60048

For Sale
$4,995,000

15,000 SF Vacant Medical Office - $4.995M

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Class A medical office building, located at 29380 N Waukegan Rd in Libertyville, Illinois (zip code 60048), presents a unique investment opportunity. The property boasts 15,000 square feet of vacant space within a newly constructed (2018) two-story building situated on a substantial 131,000 square foot lot. The building features an impressive design incorporating abundant glass and a two-story atrium, maximizing natural light. Its permitted commercial zoning allows for versatile use. This property is part of a larger development, adding significant value and potential for synergy. The development includes over 200 existing senior living units, an additional 25,000 square feet of retail and medical space, and two more office buildings totaling over 75,000 square feet. The building's strategic location in Lake County, Illinois, offers excellent accessibility and visibility. An existing QSR drive-thru opportunity further enhances the property's potential. The asking price for this turnkey, vacant medical office building is $4,995,000. This is an ideal opportunity for investors seeking a high-quality, well-located asset in a thriving community.

Property Details for 29380 Waukegan Rd

Property type
Other retail properties, Other office properties
Square Feet
15,000 SF
Class
A
Year Built
2018
Buildings
1
Stories
2

Location Insight

City
Libertyville
County
Lake
State
Illinois
Latitude
42.2889122
Longitude
-87.8882265
29380 Waukegan Rd, Libertyville, Illinois

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29380 Waukegan Rd
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